Housing costs in Fairmont?
A typical home costs
$78,600, which is 76.8% less expensive than the national average of
$338,100 and 55.0% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Fairmont costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 13.4% cheaper than the state average of
$930.
Can I afford Fairmont?
To live comfortably in Fairmont, Oklahoma, a minimum annual income of
$15,120 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Fairmont?
The cost of living in Fairmont, OK is quite reasonable. According to BestPlaces, the overall cost of living index for this area is relatively low and is very affordable when compared to the national average. Basic groceries such as bread, milk, eggs, and other staples are typically less than the average cost seen in other cities across the country. Similarly, housing costs are on par with the national average and are easily affordable for those looking to rent or buy a home in Fairmont. Additionally, the cost of utilities such as water and electricity can be lower than what one might expect when compared with other cities.